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Alphabet (CHIX:ABEAD) Days Payable : 15.71 (As of Jun. 2024)


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What is Alphabet Days Payable?

Alphabet's average Accounts Payable for the three months ended in Jun. 2024 was €5,681 Mil. Alphabet's Cost of Goods Sold for the three months ended in Jun. 2024 was €32,986 Mil. Hence, Alphabet's Days Payable for the three months ended in Jun. 2024 was 15.71.

The historical rank and industry rank for Alphabet's Days Payable or its related term are showing as below:

CHIX:ABEAd' s Days Payable Range Over the Past 10 Years
Min: 16.11   Med: 21.88   Max: 29.61
Current: 16.11

During the past 13 years, Alphabet's highest Days Payable was 29.61. The lowest was 16.11. And the median was 21.88.

CHIX:ABEAd's Days Payable is ranked worse than
82.52% of 429 companies
in the Interactive Media industry
Industry Median: 61.62 vs CHIX:ABEAd: 16.11

Alphabet's Days Payable increased from Jun. 2023 (13.65) to Jun. 2024 (15.71). It may suggest that Alphabet delayed paying its suppliers.


Alphabet Days Payable Historical Data

The historical data trend for Alphabet's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alphabet Days Payable Chart

Alphabet Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.97 25.15 18.47 15.60 17.48

Alphabet Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.65 15.15 16.30 18.50 15.71

Competitive Comparison of Alphabet's Days Payable

For the Internet Content & Information subindustry, Alphabet's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alphabet's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Alphabet's Days Payable distribution charts can be found below:

* The bar in red indicates where Alphabet's Days Payable falls into.



Alphabet Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Alphabet's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (4840.832 + 6871.081) / 2 ) / 122265.444*365
=5855.9565 / 122265.444*365
=17.48

Alphabet's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (5702.16 + 5659.468) / 2 ) / 32986.003*365 / 4
=5680.814 / 32986.003*365 / 4
=15.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Alphabet Days Payable Related Terms

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Alphabet Business Description

Address
1600 Amphitheatre Parkway, Mountain View, CA, USA, 94043
Alphabet is a holding company that wholly owns internet giant Google. The California-based company derives slightly less than 90% of its revenue from Google services, the vast majority of which is advertising sales. Alongside online ads, Google services houses sales stemming from Google's subscription services (YouTube TV, YouTube Music among others), platforms (sales and in-app purchases on Play Store), and devices (Chromebooks, Pixel smartphones, and smart home products such as Chromecast). Google's cloud computing platform, or GCP, accounts for roughly 10% of Alphabet's revenue with the firm's investments in up-and-coming technologies such as self-driving cars (Waymo), health (Verily), and internet access (Google Fiber) making up the rest.

Alphabet Headlines

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